Shell, Sinopec, Total to build Singapore lube park

The partners will build Lube Park at the Tuas industrial complex in southwestern Singapore, and include import, export and storage facilities for the adjacent lube oil blending plants and grease manufacturing plants of the companies. Construction on the park will begin later this year.

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By ERIC YEP

A joint venture between the regional units of Royal Dutch
Shell, Total and China Petroleum & Chemical Corp. (Sinopec)
will build a shared lubricants facility in Singapore, the
companies said in a joint statement Wednesday.

The partners will build Lube Park at the Tuas industrial
complex in southwestern Singapore, and include import, export
and storage facilities for the adjacent lube oil
blending plants and grease manufacturing plants of the
companies, the statement said.

Construction on the park will begin
later this year and it is expected to be completed by 2015. It
will be built by Singapore Lube Park Pte. Ltd., a joint venture
between the three companies.